Virgin Money Holdings (UK) Limited

Virgin Money Holdings (UK) Limited, headquartered in GB and operating in financial intermediation services, is committed to climate action. While specific absolute emissions data for recent years is not directly disclosed for Virgin Money Holdings (UK) Limited, the organisation's climate commitments are cascaded from its corporate family.

Virgin Money UK PLC, at cascade level 2, is the source of performance data. Additionally, SBTi (Science Based Targets initiative) targets and RTZ (Race to Zero) commitments are cascaded from Clydesdale Bank PLC at cascade level 1.

The company has a stated target of "NET ZERO BY 2025," aiming for net-zero emissions by the year 2025. This near-term target, classified as "net_zero," encompasses all scopes and has a starting year of 2023.

For earlier reporting periods, emissions intensity data per average Full-Time Equivalent (FTE) employee was reported: approximately 2,500 kg CO2e per FTE in 2017 and approximately 2,660 kg CO2e per FTE in 2016. These figures are sourced from the 2017 annual report.

As of the latest available data, Virgin Money Holdings (UK) Limited has no disclosed absolute Scope 1, Scope 2, or Scope 3 emissions figures for its own operations, and the provided data indicates "no_disclosed_data" for these scopes in the reporting years 2016 and 2017. The emissions data is inherited from its parent and related organisations.